View Our Homes a blog about Calgary and Area Real Estate en-ca (C) 1996-2019 Norm Rousseau & Sylvia Garrett MaxWell Realty 120 Fri, 11 Jan 2019 03:26:32 G1T Fri, 11 Jan 2019 03:26:32 G1T Fri, 11 Jan 2019 03:26:32 G1T <p>BRIGHT AND SUNNY END UNIT WITH EXTRA WINDOWS AND 936 SQ FT OF LIVING SPACE! EAST/WEST EXPOSURE PROVIDES LOTS OF NATURAL LIGHT. OPEN FLOOR PLAN WITH A SPACIOUS EATING NOOK, GAS FIREPLACE, AND SLIDING DOOR TO A PRIVATE PATIO. TWO GENEROUS SIZED BEDROOMS. LAUNDRY AND PLENTY OF STORAGE SPACE COMPLETE THIS AFFORDABLE HOME! QUIET MILLRISE LOCATION. ENJOY THE CONVENIENCE OF PUBLIC TRANSPORTATION, LRT, SHOPPING, RESTAURANTS AND THEATRES!</p><p>More info: <a title="" href=""></a></p><img alt="" src=";TableID=9&amp;Type=1&amp;Number=0&amp;Size=2&amp;exk=029a16993660d64cdf60f6067ab449a9"> $227,900 Two Bedroom Townhouse South West Norm Rousseau Thu, 10 Jan 2019 05:37:07 G1T <p>With 20 years of real estate sales in the Calgary market and true 100% Canadian roots, MaxWell Would we would be crazy not to show our hockey pride!<p>Beginning January 13, 2019 and running right through until April, Maxwell Realty has signed an agreement to advertise on the rink boards for the Calgary Flames hockey franchise.<p><a href=""><img width="496" height="197" title="Calgary Flames" style="display: inline; background-image: none;" alt="Calgary Flames" src="" border="0"></a> Flames Hockey Norm Rousseau Thu, 10 Jan 2019 04:06:27 G1T <p>Bank of Canada announces interest rate decision<p>by Canadian Press 09 Jan 2019<p>The Bank of Canada left its trend-setting interest rate unchanged at 1.75% on Wednesday as the sharp decline in oil prices temporarily dims its economic outlook for the coming months.<a href=""><img width="249" height="247" title="untitled" align="left" style="margin: 8px 24px 0px 0px; float: left; display: inline; background-image: none;" alt="untitled" src="" border="0"></a><p>Before long, however, the central bank expects the economy to expand with renewed vigour. More rate hikes, it stressed, will be necessary “over time”. Bank of Canada Holding for now Norm Rousseau Thu, 03 Jan 2019 06:42:41 G1T <p><b>Media release: </b><p>Job market weakness and lending restrictions a common thread in 2018’s housing market<p>City of Calgary, January 2, 2019 – Calgary Real Estate Board<p>As oversupply continues in Calgary’s housing market, December prices eased by one per cent compared to last month and are over three per cent below last December.<p>“Persistent weakness in the job market and changes in the lending market impacted sales activity in the resale market this year,” said CREB® chief economist Ann-Marie Lurie. </p><p><a href=""><img width="354" height="354" title="Downward Trend" style="display: inline; background-image: none;" alt="Downward Trend" src="" border="0"></a></p> WHAT A GREAT TIME TO BUY A HOME! Norm Rousseau Thu, 03 Jan 2019 06:11:54 G1T <p><b>The new condominium property regulations take effect July 1, 2019. Here are the highlights:</b><p>Fee caps on the prices condo corporations can charge owners, buyers, and mortgage companies for obtaining the condo documents needed to complete a purchase or sale.<p>· $100 max. for an estoppel certificate<p><br> New Condo Rules Norm Rousseau Mon, 31 Dec 2018 11:13:22 G12T <p><a href=""><img width="595" height="400" title="Bring on the New Year (1)" style="display: inline; background-image: none;" alt="Bring on the New Year (1)" src="" border="0"></a></p> HAPPY NEW YEAR TO ALL Norm Rousseau Mon, 17 Dec 2018 03:28:17 G12T <p>A Very Merry Christmas to all!. We are around over the Holidays so if you have a question please do not hesitate to contact us.</p><p><a href=""><img width="561" height="421" title="Merry Christmas Clip art" style="display: inline; background-image: none;" alt="Merry Christmas Clip art" src="" border="0"></a></p><p><a href=""><br></a></p> MERRY CHRISTMAS Norm Rousseau Wed, 05 Dec 2018 05:58:00 G12T <p><b> Detached </b><p>• Detached sales declined across all districts in November. With citywide sales of 679 units, activity remains 21 per cent below Housing Market Facts for November 2018 with typical levels for the month. <p>• New listings eased by three per cent compared to last year, due to declines mostly in the North East, North and South East districts. Year-to-date new listings this year have increased in all areas except the North East and East districts.<p>• Inventories in the detached sector totalled 3,491 units, 26 per cent higher than last year’s levels. Months of supply sits at five months, well above the three-month typical for November. <p>• Detached benchmark prices totalled $486,000 in November, a one per cent decline over last month and a three per cent decline over last year. This is nearly seven per cent below monthly highs recorded in October 2014. <p>• Prices have eased across all districts in November. On a year-to-date basis, the largest declines this year have occurred in the North East and North districts. This is likely due to the increased competition from the new-home sector. The districts that remain furthest from price recovery are the North West and South districts. HOUSING MARKET FACTS CREB NOV. 2018 Norm Rousseau Wed, 05 Dec 2018 05:52:34 G12T <p>Challenging economic conditions continue to impact the resale market<p>Published December 3, 2018<p>Sitting below long term Averages<p>November sales in the city totaled 1,171 units. For the year so far, sales activity has totaled 15,349 units, a 14 per cent decline over last year and nearly 20 per cent below long-term averages. “Recent challenges in the energy sector have weighed on consumer confidence over the past month. Combined with weakness in the employment market and further gains in lending rates, this is impacting ownership demand,” said CREB® chief economist Ann-Marie Lurie. CREB Stats City of Calgary November, 2018 Norm Rousseau Fri, 30 Nov 2018 11:35:39 G11T <p><a href=""><img width="491" height="270" title="clip_image002" style="display: inline; background-image: none;" alt="clip_image002" src="" border="0"></a><p>Every year at this time there are many homeowners who decide to wait until after the holidays to list their homes for the first time, while others who already have their homes on the market decide to take them off until after the holidays. 7 Reasons to List Your House For Sale This Holiday Season Norm Rousseau